Under the revised National Power Development Plan for 2021 - 2030 with a vision to 2050, Vietnam's power generation capacity will reach between 183,291 megawatts and 236,363.
Vietnam is expected to have by 2032 an 8-9 per cent share of global capacity in chip assembling, testing and packaging (ATP), from just 1 per cent in 2022.
The Binh Son Refining and Petrochemical Joint Stock Company (BSR), which is responsible for receiving, managing, and operating the Dung Quat Oil Refinery Plan, has said that the refinery’s capacity has increased to 109 per cent to meet shortages in the petroleum market.
The T&Y SuperPortTM Company - a joint venture between the T&T Group and Singapore’s YCH Group - signed a memorandum of cooperation with Vietnam Airlines and Vietnam Railways (VNR) in Hanoi on August 12 to promote and develop Vietnam’s logistics sector and improve freight transport capacity between Vietnam and elsewhere.
North-central Thanh Hoa province has proposed expansions and upgrades to infrastructure at Tho Xuan Airport costing a total of more than VND3.6 trillion ($154 million). The airport currently has only one runway and already exceeds its designed capacity of 1.2 million passengers a year, with passenger numbers expected to hit 1.6 million by the end of this year.
Passenger volumes at Hanoi’s Noi Bai International Airport’s domestic terminal (T1) have increased dramatically during the peak summer season. It is forecast that, in early July, passenger numbers will reach 110,000 people a day, up 40 per cent compared to the peak prior to the pandemic and even exceeding capacity at the terminal.
In order for Pleiku Airport in the central highlands’ Gia Lai province to become a modern facility and act as a driving force for local development, the Civil Aviation Authority of Vietnam (CAAV) has proposed increasing its capacity to 5 million passengers a year and possibly over 10 million by 2050. Capacity currently stands at just 600,000.
Vietnam’s process of international economic integration has increased the number of foreign trade remedy cases against its exports. The Ministry of Industry and Trade (MoIT) is therefore developing an action plan to implement a project entitled “Strengthening capacity in trade remedies in the context of participating in new-generation FTAs”.
After ten weeks of consulting with South Korean experts at Samsung, two businesses in northern Bac Ninh province cut their product defect rates by 50 per cent and 20 per cent, respectively. Samsung has consulted with 260 businesses involved in its supply chain, to help them increase productivity, cut defects, or reduce inventory, among other things.